From the first online investment promotion, to a contract signed in the field, the Yancheng area only used 30 days to land a biological probiotic project cooperation agreement with Ningxia Jiusheng Biotechnology Company. This project plans to invest RMB 1 billion yuan (USD $150 million) to build a biological probiotic research and development center and a biological probiotic production base covering an area of about 400 acres in total. Moreover, this project will effectively broaden the probiotics industry chain in Yancheng, and will push for industrial development to bring in more opportunities for the area. (Source: new.qq)
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